Code: 08788307

Wave Principle

Name: Wave Principle
Brand: www.bnpublishing.com
SKU: 08788307
Price: 14.74 EUR
Availability: InStock
Author: Ralph Nelson Elliott
ISBN: 9781607964964

by Ralph Nelson Elliott

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Language: English
Binding: Paperback
Number of pages: 74
Publisher: www.bnpublishing.com, 2012
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Book synopsis

The Elliott Wave Principle is a form of technical analysis that some traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott, a professional accountant, discovered the underlying social principles and developed the analytical tools. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves, or simply waves. Elliott published his theory of market behavior in this book "The Wave Principle". Elliott stated that "because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable."